other_material
confidence high
sentiment neutral
materiality 0.50
Spindletop Oil & Gas buys 141,573 shares for treasury at $2.48 each
SPINDLETOP OIL & GAS CO
- Purchased 141,573 shares of common stock at $2.48 per share, total $351,101.04, as a block from an unaffiliated individual.
- Shares acquired represent approximately 2.1% of 6,739,943 shares outstanding as of March 31, 2025.
- Company has no formal repurchase plan; prior repurchases were small amounts from former employees and others.
- The purchased shares are held as Treasury Stock.
item 8.01